Jul 14, 2008
1:10000
For every 10000 shares held, investors received 1. The price per share adjusted from $0.00 to $36.00.
The split itself did not change the total investment value.
Banco do Nordeste do Brasil S.A. (B3:BNBR3) operates in the Major banks industry.
Banco do Nordeste do Brasil S.A. company overviewBanco do Nordeste do Brasil S.A.'s most recent stock split was on July 14, 2008. It was a 1-for-10000 reverse split, so shareholders received 1 share for every 10000 they held.
Banco do Nordeste do Brasil S.A. (B3:BNBR3) has split its stock 3 times: a 299-for-290 split on October 29, 1996, a 341-for-324 split on October 31, 1997, and a 1-for-10000 reverse split on July 14, 2008.
Banco do Nordeste do Brasil S.A. has split its stock 3 times. This history records 3 splits between October 29, 1996 and July 14, 2008.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Banco do Nordeste do Brasil S.A.'s 1-for-10000 reverse split on July 14, 2008, every 10000 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Banco do Nordeste do Brasil S.A. has not announced a new split in our records. Its most recent split was on July 14, 2008, 18 years ago. Companies announce splits in advance, and any new B3:BNBR3 split will appear on this page.
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